Element

Element is a Silicon Valley-based startup that aims to bridge the gap between Industrial IT and OT through contextualized data. Founded in 2015, the company's flagship product, Element Unify, addresses the challenge of fragmented and disconnected data in Industrial IoT. By integrating IT and OT data on a single platform, Element Unify enables collaborative, data-driven decision-making while ensuring scalability, reliability, and security. The company's impact on Industrial Enterprises is remarkable, with potential benefits including a 300% increase in time to insight, reduced organizational fragmentation, and a 100% increase in data usability. Notably, Element boasts an impressive clientele, representing over $500 billion in revenue, $300 billion in fixed assets, and 350,000 employees. Operating in the Analytics, Big Data, and SaaS sectors, Element's mission has attracted significant backing. In June 2020, Element successfully secured an $18.00M Series B investment, with firms such as Activate Capital, Kleiner Perkins, Blue Bear Capital, Honeywell Ventures, Ajax Strategies, SE Ventures, ABB Technology Ventures, Forté Ventures, High Tide Foundation, and Kerogen Digital Solutions participating as investors. This funding injection not only validates Element's potential but also positions it for accelerated growth and expansion. As a San Francisco, CA headquartered company, Element is poised to drive innovation and transformation within the Industrial IoT landscape.